Making finance, economics, and markets less boring.
Joined April 2024
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Given a choice, would you pick a tehsildar job that pays 50K a month, or a pvt. sector job at 3 lakh?
Kunal Mangal asked this of some state exam aspirants in Pune. All of them went tehsildar.
Our latest episode is with Kunal on the cost of India's govt job exams. Links below!
Subtext by Zerodha retweeted
What is the true social cost of government job exams in India?
Why do they give so many attempts at the UPSC? How do these exam aspirants perceive risk? What does it say about our economy?
All of this in an episode with Kunal Mangal (@mrgunalan), coming out Friday.
Subtext by Zerodha retweeted
everyone should check out kunal’s work on estimating the costs of and returns to public service exams in india. came across it originally in one of tabarroks MR posts and it’s now central to how i think about public sector recruitment. i’m surprised his papers arent talked about more!
What is the true social cost of government job exams in India?
Why do they give so many attempts at the UPSC? How do these exam aspirants perceive risk? What does it say about our economy?
All of this in an episode with Kunal Mangal (@mrgunalan), coming out Friday.
Yet some more food for thought from @ponnappa on AI potentially making the middle, or mediocre judgement disappear.
For the episode he did with us that he's referring to, check out the next tweet for the link! It is also one of our most popular episodes :)
I was on Zerodha’s Subtext recently, talking to @pranavmanie and @bebhuvan about what an AI-native firm is, and the part people kept DMing me about afterwards was the few minutes on the middle tier of talent disappearing. This essay is the longer answer.
sidu.in/essays/after-ai-ther…
Episode link: youtube.com/watch?v=CPISElKb…
(transcript is in the next tweet below)
Substack blog / transcript: subtextbyzerodha.substack.co…
Sidu's blog: sidu.in/essays/after-ai-ther…
Subtext by Zerodha retweeted
I was on Zerodha’s Subtext recently, talking to @pranavmanie and @bebhuvan about what an AI-native firm is, and the part people kept DMing me about afterwards was the few minutes on the middle tier of talent disappearing. This essay is the longer answer.
sidu.in/essays/after-ai-ther…
What is the true social cost of government job exams in India?
Why do they give so many attempts at the UPSC? How do these exam aspirants perceive risk? What does it say about our economy?
All of this in an episode with Kunal Mangal (@mrgunalan), coming out Friday.
How do developing nations build a functional national innovation system?
Prof. Rakesh Basant, founding member of @IIMAVentures & ex-Chair Professor at @IIMAhmedabad, breaks down evolutionary economics, pharma's capability trap, and broken academic links.
Key insights 🧵
Indian universities cannot directly hold startup equity because they are non-profits. Holding equity was viewed as "making profit," triggering tax liabilities. To bypass this, IITs and IIMs create separate legal entities to hold startup stakes.
